Abstract

The recent trends in Advanced Metering Infrastructure (AMI) have paved the way for incremental needs within the consumers such as real time billing transparency, data exchanges without errors, high precision, individual load consumption, and remote-control features. In advanced metering infrastructure, the smart energy meter acts as the primary equipment for household metering appliances. Such energy meters come with different design topologies that have proven itself for remote billing, post paid and prepaid packages for electrical consumers, high accuracy, anti-tampering design and remote control over household mains. However, there are few studies that interpret energy meters can be used for energy conservation purposes. The energy conservation suggestions by modern energy meters are not observed effective as they do not assess the individual load characteristics. Moreover, the billing transparency is not based on real time and accurate in the modern energy meters. This paper focuses on advanced billing methodology and consumption of individual load without the need of additional sensors and the meter alerts the user by forecasting the energy consumption continuously.

Full Text
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